For those considering a new yacht or catamaran and looking for ways to optimize their tax strategy, Puerto Rico’s Act 60 (formerly Acts 20 and 22) offers one of the most compelling incentive programs available to U.S. citizens today.

Combined with Puerto Rico’s year-round boating climate, world-class cruising grounds, and growing marine industry, Law 60 has made the island an increasingly attractive destination for entrepreneurs, investors, remote business owners, and yacht enthusiasts.

What is Puerto Rico’s Law 60?

Puerto Rico’s Incentives Code, commonly known as Act 60, was designed to attract investment and encourage economic growth on the island by offering significant tax incentives to qualifying individuals and businesses that relocate to Puerto Rico.

Depending on your situation and eligibility, benefits may include:

• Reduced income tax rates on qualifying business income
• Potential tax exemptions on certain capital gains
• Tax advantages for service-based businesses operating from Puerto Rico
• Long-term tax stability through government-issued tax decrees

Because every individual’s circumstances are unique, we strongly recommend consulting a qualified tax professional or Act 60 specialist before making any decisions.

Why Yacht Owners Are Taking Notice

Puerto Rico offers a unique combination of tax advantages and boating lifestyle benefits that few destinations can match.

When you base your yacht in Puerto Rico, you gain access to:

Endless Cruising Opportunities

From your home port in Fajardo, you can easily explore:

• Culebra
• Vieques
• The Spanish Virgin Islands
• St. Thomas
• St. John
• The British Virgin Islands

All within a short sail from Puerto Rico’s eastern coast.

Year-Round Sailing

Unlike many mainland destinations, Puerto Rico offers warm temperatures and excellent boating conditions throughout the year, allowing owners to maximize time on the water.

Modern Marina Infrastructure

Puerto Rico is home to several full-service marinas, including the Caribbean’s largest marina, Safe Harbor Puerto del Rey, offering:

• Professional yacht services
• Dockage and storage
• Maintenance support
• Charter management opportunities
• Easy access to nearby islands

Combining Law 60 with Income-Generating Yacht Ownership

Many yacht owners are also exploring opportunities to place their vessels into professionally managed charter programs.

Depending on ownership structure and business objectives, a yacht may potentially:

• Generate charter income
• Offset operating expenses
• Provide personal cruising opportunities
• Support broader business and investment goals

Programs such as those offered by Atlas Yacht Sales and SailCaribe Yacht Charters allow owners to enjoy the benefits of yacht ownership while leveraging professional management and charter operations.

Why Puerto Rico Continues to Grow in Popularity

In recent years, Puerto Rico has become a hub for entrepreneurs, investors, and business owners seeking a combination of:

• Favorable tax incentives
• U.S. jurisdiction and legal framework
• Caribbean lifestyle
• Direct flights to major U.S. cities
• Exceptional boating and sailing opportunities

For many, the ability to combine business, lifestyle, and yacht ownership in one destination creates a unique value proposition that is difficult to replicate elsewhere.

Learn More

If you’re considering a new Lagoon catamaran or Jeanneau sailing yacht and would like to explore the opportunities available in Puerto Rico, the Atlas Yacht Sales team would be happy to discuss your boating goals and connect you with qualified Act 60 professionals.

Whether you’re interested in private ownership, charter opportunities, or relocating your lifestyle to the Caribbean, Puerto Rico may offer advantages worth exploring.

Disclaimer: Atlas Yacht Sales does not provide tax, legal, or financial advice. Tax incentives and eligibility requirements under Puerto Rico Act 60 are subject to change and should be reviewed with qualified legal and tax advisors before making any investment or relocation decisions.